Treasury reconsidering Labour's plan for non-dom tax status
Source: BBC
The Treasury is reconsidering parts of Labour’s manifesto plan to toughen up the abolition of non-domicile tax status.This is on account of concerns over how much money will be raised, should wealthy foreigners simply leave the UK."Non-dom" describes a UK resident whose permanent home - or domicile - for tax purposes is outside the UK.While no specific policy has been put to the Office of Budget Responsibility…
This is aggregated or syndicated coverage. Reporting and media belong to the original publisher.
Read the original source at BBC